DVNNY

Pullback And Continuation

Long
DVNNY Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Unless otherwise, bulls should continue taking the pair further up. It is important to note that 0.69203 may offer some resistance for the bulls but other than that, 0.69508 should easily be hit as the desired target
Trade active:
Pair moving as anticipated
Comment:
Very choppy price action. Staying out of this for the meantime
Comment:
0.69203 still holding as a very strong resistance level. Bulls cannot sustain a move above this just yet
Comment:

Nevertheless, price is still making discreet Higher Lows. A third rejection of the trendline will provide more buying opportunities.
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